Question: 8. Based on the trends that may be calculated from the following economic measures, determine which of the countries below would be expected to achieve
8. Based on the trends that may be calculated from the following economic measures, determine which of the countries below would be expected to achieve higher economic growth rates over the next year if current trends are sustained? Justify your response.
Croatia Czech Republic (millions of kuna) (millions of koruna)
Economic Measures Qtr 1 Qtr 2 Qtr 1 Qtr 2 Consumer spending 28 30 350 386 Business capital investment 12 13 205 250 Government investment/
fiscal spending 10 11 110 140 Other miscellaneous GDP factors −1 −2 −58 −111 Total GDP 49 52 607 665
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